Danish online casino GGR climbs 10% in Q3 2022

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Danish online casino GGR has risen by 9.7% year-on-year for Q3 2022, according to the latest data from the Danish Gambling Authority (DGA).

The vertical generated revenue of €96.9m and accounted for approximately 43% of overall GGR from the country’s regulated sector, which totalled €227.8m during the third quarter following a modest annual increase of 1.7%.

Online casino was the country’s biggest-earning vertical throughout the whole of last year, generating 2021 GGR of approximately €380m.

Gaming machines was the only other vertical to report growth for Q3, also climbing 1.7% to €40.1m. DGA data shows that Danes typically spend more on gaming machines on pay day, regularly resulting in a peak of money wagered on the last working day of each month.

Despite the Q3 increase, Danish spend on physical gaming machines has been slowly declining since 2012, the DGA said, due to the rise in online gambling activity.

Sports betting reported an ever so slight decrease year-on-year of 0.1% to €77.4m for Q3 2022, contributing 34% of the overall total.

Land-based casino gaming also declined by 0.1% to €13.2m.

“It is a core task for the Danish Gambling Authority to monitor the development in the gambling market,” said the DGA.

“This helps ensure an effective compliance check of the gambling operators, which ensures that gambling in Denmark is fair and responsible.”

About the author

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Jake Evans

Jake Evans is an NCTJ-accredited journalist and editor who has covered the online gaming and sports betting industry since 2017. He is the managing editor of iGaming NEXT and has previously worked in both content and data for EGR, Stats Perform and Football Radar.

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